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Showing posts from October, 2019

TANZANIA: New Mining Laws Offer 21st Century Best Practice

By Special Writer, NAIROBI.  A recent Verisk Maplecroft’s article published on Mining.com attempt to cite Tanzania as one of the countries ranking “high” in resource nationalism in Africa. The article which presents its analysis based on the 2017 new amendments to mining laws introduced in Tanzania, to mining rights activists, is yet another fruitless attempt to distort the international community on our efforts to see equitable distribution of mineral wealth. The article claims, among other provisions, the new requirement for a 16 percent free carried local ownership of shares in all future mining undertakings, amounts to a “high risk” and “resource nationalism.” Let me say at the outset that, to me, having working on mining sector activism for over 20 years now, reading the analysis with a focus on its intellectual and professional foundation, I find it to be an apparent demonstration that fact-checking, fairness and objectivity are increasingly becoming alien rules am

President Kenyatta Mourns Renowned Scholar Prof Mbiti

By The Nation, Kenya Tuesday October 8 2019 Author and theology professor John Samuel Mbiti, who died in Switzerland on Sunday. He was one of the world's iconic theology and philosophy scholars. PHOTO | COURTESY     President Uhuru Kenyatta has sent a message of condolence to the family of renowned Kenyan theology professor and philosopher Prof John Samuel Mbiti, who died at the age of 88 on Sunday while undergoing treatment in Bergdorf, Switzerland where he lived for decades. In his message, the President described the late Mbiti as an accomplished Kenyan scholar and priest who was a great ambassador of the Kenyan nation abroad. "We've lost a great Kenyan. A great man who went against all odds to become a successful scholar, writer and priest. He was a role model and an ambassador of the Kenyan brand abroad," the President wrote. Prof Mbiti was a theologian and philosophy professor at the University of Bern and an Angl

Kenya, Tanzania Lead EAC in Creating Billionaires

 By Staff Reporter, EABlog About 99 billionaires were living in Tanzania last year, placing the country at number two in a ranking after Kenya in East Africa based on super wealthy persons; the Africa Wealth Report for 2019 published this month by Mauritius based AfrAsia Bank says. The report ranked South Africa with 2,169 billionaires, Egypt (932) Nigeria (531) and Kenya (356). In another development, Tanzania has shovelled Kenya and other East African countries for having a single billionaire worth $1bn and above. In this category, Kenya and other East African countries has failed to have a person with the said wealth.     This means, Tanzania has 90 billionaires worth $10 million and above, eight billionaires (worth $100bn and above) and one billionaire worth 1bn and above.        In terms of wealthiest African countries, Tanzania has scooped number nine with $57bn.   South  Africa ($649bn) is toppling the list followed by Egypt ($303bn), Nigeria ($225bn), Mor